50 Mill Street W, Centre Wellington, ON N0B 1S0
Centre Wellington
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In the heart of historic Elora, where cobblestone charm meets the gentle flow of the Grand River, stands a property that captures the very essence of this beloved village. Surrounded by artisan shops, cafés, and galleries, this stunning building is more than a place of business; it is a cornerstone of opportunity in one of Ontario's most picturesque and thriving communities. Set along the river's edge, the rear of the property opens to a raised deck and stone patio offering an extraordinary vantage point. Here, the sound of rushing water and views of the Grand create a setting that draws people in and keeps them lingering, an atmosphere ideal for a destination business or a peaceful retreat for those who call it home. The main level features a beautifully maintained commercial unit perfectly suited for a boutique, gallery, or café. With high visibility and steady foot traffic, it offers the ideal stage for an entrepreneur or investor looking to establish a lasting presence in downtown Elora. Above, two separately metered two-bedroom apartments provide additional versatility and income potential. These bright, inviting spaces are rich with character and offer views that celebrate the river and the surrounding heritage architecture. Owning a property that combines commercial and residential spaces opens a world of possibility. Operate your own business below while living steps away, or lease both levels for a steady multi-stream income. The configuration offers flexibility to evolve with your goals today, tomorrow, and years into the future. Few properties balance such beauty, functionality, and potential. With its riverfront setting, historic character, and prime location within Elora's lively core, this is an opportunity to invest in a building that embodies the soul of the village itself - creative, enduring, and full of promise.
Estimate only - excludes property tax, condo fees, utilities and home insurance. Rates vary by lender and term; based on semi-annual compounding.
Walkability, transit, and bike-friendliness for 50 Mill Street W, Centre Wellington, ON N0B 1S0
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MLS# X12472565
Listed by ROYAL LEPAGE RCR REALTY
On market since Oct 20, 2025
50 Mill Street W, Centre Wellington, ON N0B 1S0 is listed for $7,999,000 CAD.
50 Mill Street W, Centre Wellington, ON N0B 1S0 is a Store W Apt/Office, 4,990 sq ft.
50 Mill Street W, Centre Wellington, ON N0B 1S0 is in Centre Wellington, Ontario.
50 Mill Street W, Centre Wellington, ON N0B 1S0 is currently for sale.
Contact Michael Mezheritsky at +1 (416) 716-4439 to arrange a private showing of 50 Mill Street W, Centre Wellington, ON N0B 1S0 (MLS# X12472565). You can also send a message through the contact form on this site.
